Application under section 11 of the arbitration and Conciliation Act, 1996 – contract agreement between the parties got terminated

Indian Oil Corporation Ltd. Vs. M/s. SPS Engineering Ltd., decided on 02/03/2011. (Case/Appeal No: Civil Appeal No. 1282 of 2011) Name of the Judge: Hon’ble Mr. Justice R.V. Raveendran and Hon’ble Mr. Justice A.K. Patnaik. Judgment R.V.RAVEENDRAN, J. 1. Leave granted. 2. The Indian Oil Corporation Limited, the appellant herein, awarded an infrastructure work relating to drinking water system for its Paradip Refinery project to the respondent on 17.10.2000 and followed by a formal agreement dated 18.1.2001. The period stipulated under the contract for completion ...